Tesla has to pay Infosys India for some work they did. The payment is due in 3 months. The payment is in Indian Rupees. To hedge a potential depreciation of US dollars against Rupees, Tesla would like to purchase an option. Options are traded with Indian Rupee as the reference. Group of answer choices

a)None of the above

b)Tesla will buy a put option

c)Tesla will buy a straddle

d)This question is ill-posed

e)Tesla will buy a call option